莱德系统 2026年季度报告

RYDER SYSTEM, INC. (Exact name of registrant as specified in its charter) Florida59-0739250(State or other jurisdiction of incorporation or organization)(I.R.S. Employer Identification No.)2333 Ponce de Leon Blvd.,Suite 700Coral Gables, Florida 33134(305) 500-3726(Address of principal executive offices, including zip code)(Registrant's telephone number, including area code) Indicate by check mark whether the registrant (1)has filed all reports required to be filed by Section13 or 15(d) of the Securities Exchange Actof 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2)has beensubject to such filing requirements for the past 90 days.Yes☑No☐ Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submitted pursuant to Rule405 of Regulation S-T (§ 232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was required tosubmit such files).Yes☑No☐ Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smaller reportingcompany, or an emerging growth company. See the definitions of “large accelerated filer,” “accelerated filer,” “smaller reporting company,”and "emerging growth company" in Rule 12b-2 of the Exchange Act. Large accelerated filer☑Accelerated filer☐Non-acceleratedfiler☐Smallerreportingcompany☐Emerging growth company☐ If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complyingwith any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.☐ Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act).Yes☐No☑ The number of shares of Ryder System, Inc. Common Stock outstanding at March31, 2026, was 38,691,018. RYDER SYSTEM, INC.FORM 10-Q QUARTERLY REPORTTABLE OF CONTENTS PARTI. FINANCIAL INFORMATION ITEM1.Financial Statements (unaudited)1Condensed Consolidated Statements of Earnings1Condensed Consolidated Statements of Comprehensive Income2Condensed Consolidated Balance Sheets3Condensed Consolidated Statements of Cash Flows4Condensed Consolidated Statements of Shareholders' Equity5Notes to Condensed Consolidated Financial Statements6ITEM2.Management's Discussion and Analysis of Financial Condition and Results of Operations17ITEM3.Quantitative and Qualitative Disclosures About Market Risk39ITEM4.Controls and Procedures39PARTII. OTHER INFORMATIONITEM 1.Legal Proceedings39ITEM 1A.Risk Factors39ITEM2.Unregistered Sales of Equity Securities and Use of Proceeds40ITEM5.Other Information40ITEM6.Exhibits41SIGNATURE42 ITEM 1. FINANCIAL STATEMENTS RYDER SYSTEM, INC. AND SUBSIDIARIESCONDENSED CONSOLIDATED STATEMENTS OF EARNINGS(unaudited) RYDER SYSTEM, INC. AND SUBSIDIARIESCONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME(unaudited) Three months ended March 31, RYDER SYSTEM, INC. AND SUBSIDIARIESCONDENSED CONSOLIDATED BALANCE SHEETS(unaudited) RYDER SYSTEM, INC. AND SUBSIDIARIESCONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS(unaudited) RYDER SYSTEM, INC. AND SUBSIDIARIESCONDENSED CONSOLIDATED STATEMENTS OF SHAREHOLDERS' EQUITY(unaudited) RYDER SYSTEM, INC. AND SUBSIDIARIESNOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS(unaudited) 1. ORGANIZATION AND BASIS OF PRESENTATION Interim Financial Statements Ryder System, Inc. (Ryder) is a leading provider of outsourced logistics and transportation services throughout North America. We offerport‑to‑door solutions that include every step of the supply chain, including international inbound flows and cross‑border logistics, fleet andtransportation management, warehousing, manufacturing support and multi-channel final delivery. The accompanying unaudited condensedconsolidated financial statements include the accounts of Ryder, all entities in which Ryder has a controlling voting interest (subsidiaries), andvariable interest entities (VIE) where Ryder is determined to be the primary beneficiary in accordance with generally accepted accountingprinciples in the United States (GAAP). Ryder is deemed to be the primary beneficiary if we have the power to direct the activities that mostsignificantly impact the entity's economic performance and we share in the significant risks and rewards of the entity. The accompanying unaudited condensed consolidated financial statements have been prepared in accordance with the accounting policiesdescribed in our 2025 Annual Report on Form 10-K and should be read in conjunction with the consolidated financial statements and notesthereto. In the opinion of management, all adjustments, including normal recurring accruals, considered necessary for a fair statement havebeen included and the disclosures herein are adequate. The operating results for interim periods are not necessarily indicati